Part 2Employment income: charge to tax

Chapter 1Introduction

3Structure of employment income Parts

1

The structure of the employment income Parts is as follows—

  • this Part imposes the charge to tax on employment income, and sets out—

    • (a) how the amount charged to tax for a tax year is to be calculated, and

    • (b) who is liable for the tax charged;

  • Part 3 sets out what are earnings and provides for amounts to be treated as earnings;

  • Part 4 deals with exemptions from the charge to tax under this Part (and, in some cases, from other charges to tax);

  • Part 5 deals with deductions from taxable earnings;

  • Part 6 deals with employment income other than earnings or share-related income; and

  • Part 7 deals with F1income and exemptions relating to securities and securities options acquired in connection with an employment.

2

In this Act “the employment income Parts” means this Part and Parts 3 to 7.